Question: Part 2 : Forecasting Demand for the New Product Line Forecast Demand: Using the sales data of similar products for the last 6 months (
Part : Forecasting Demand for the New Product Line
Forecast Demand:
Using the sales data of similar products for the last months see below perform a
month moving average forecast for the upcoming months.
Month : units
Month : units
Month : units
Month : units
Month : units
Month : units
Seasonality Adjustment:
Assume that sales for this product experience a increase during holiday seasons
Month Adjust your forecast accordingly.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
